How much funding can be received?

<p>SMEs can get coaching as well as a matching contribution up to a maximum of $250,000 to develop or pilot new technology products with an international project partner.</p>

grant_single_labels|terms_and_conditions

The Alberta Innovates International Technology Partnership Program offers a co-investment approach to support Alberta-based technology businesses. The funding structure is designed to match the applicant's contributions and facilitate partnership with international collaborators.

Matching contributions up to $250,000 funded by Alberta Innovates for eligible project costs.
The applicant's and the international project partner's contributions are matched, with the partner's contributions potentially being up to 100% in-kind.
Joint contribution from the applicant and international partner is expected to be at least $500,000 to leverage maximum funding from Alberta Innovates.
Funding is only provided after signing the Investment Agreement and is disbursed directly to the applicant.
Only reasonable and eligible costs incurred post-Investment Agreement are funded.

grant_single_labels|projects

The International Technology Partnership Program promotes collaboration and innovation by supporting Alberta SMEs in developing and testing their technologies. The eligible projects focus on development and piloting activities that advance products toward commercialization.

Developing new or improved technologies with the help of an international partner.
Testing technologies in an operational or test environment to validate their effectiveness and readiness for market.
Piloting projects that demonstrate the technical and business merits of the product with the goal of proving its value in real-world scenarios.

grant_single|admissibleProjectsExample

$ 250,000

Piloting a new electric vehicle charging solution with a South Korean tech firm

$ 225,000

Developing a new drone-based agricultural monitoring system with an Australian tech partner

$ 250,000

Developing a blockchain-based supply chain solution with a Swedish company

$ 250,000

Conducting pilot tests of a new solar-powered water purification system with a German company

$ 250,000

Developing a new AI-driven software platform for healthcare data analysis with a UK partner

$ 200,000

Developing new biodegradable packaging materials with a Japanese eco-company

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements applicable to the applicant's legal and operational status.

The applicant must exist as a corporate person with up-to-date corporate filings.
The applicant must be authorized to undertake the proposed project and execute a grant with Alberta Innovates on standard terms.
The applicant must not be prohibited from receiving Alberta Innovates funding, due to issues such as past bad debt or poor financial standing with Alberta Innovates or its subsidiaries, InnoTech Alberta and C-FER Technologies.
The applicant must be incorporated in Alberta or incorporated in another jurisdiction and extra-provincially registered in Alberta.
The applicant must be a General Partnership, Limited Partnership, or Limited Liability Partnership registered in Alberta.
As a small or medium enterprise (SME), the company must have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
The company must be Alberta-based, having a significant physical and corporate operational presence in Alberta, with appropriate Alberta ownership and intent that operational benefits will primarily flow within Alberta.

grant_eligibility_criteria|who_can_apply

This program supports Alberta-based small to medium enterprises (SMEs) that have defined projects aiming at commercialization or operational pilot tests. Eligible applicants must meet several criteria to qualify for funding under the International Technology Partnership Program.

Alberta-based small to medium enterprises with fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
Projects that contribute to bringing a technology closer to commercialization through further development, testing, or pilot deployment in an operational environment.
Identified participation of at least one international project partner before applying to the program.
Able to complete the project within an 18-month timeframe and expect to make their first sale within two years post-project completion.
Applicants' contributions will be matched by the program, with the international partner also matching contributions up to a maximum combined investment of $750,000.

grant_eligibility_criteria|who_cannot_apply

There are specific types of companies that are not eligible for this grant:

Companies with more than 500 full-time employees or with over $50,000,000 in annual gross revenue

grant_eligibility_criteria|eligible_expenses

The International Technology Partnership Program supports Alberta-based Small to Medium Enterprises in collaborations aimed at advancing technologies towards commercialization. Eligible activities are focused on technology development and piloting necessary for market readiness.

Developing and testing technology in collaboration with an International Project Partner.
Piloting technologies in operational or test environments to move towards commercialization.
Undertaking early to late-stage pilot activities to validate product value.
Building long-term business partnerships to extend market access.

grant_eligibility_criteria|zone

This grant is specifically targeted at Alberta-based companies, ensuring that local enterprises gain support to pursue international technology partnerships. The eligible geographical area has been outlined to focus on bolstering Alberta's economic and technological advancements.

Companies incorporated in Alberta.
Businesses registered extra-provincially but with significant operations in Alberta.
Entities demonstrating a substantial operational presence and Alberta ownership.

grant_single_labels|criteria

The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the program's objectives and intended outcomes.

Technology readiness level and product viability.
Business opportunity and potential market impact.
Management team capabilities and experience.
Market conditions and competitive advantage.
Technical feasibility and export potential.
Overall potential size of return to Alberta.

grant_single_labels|register

Here are the steps to submit an application for this grant:

Step 1: Identify Project and Partner
- Identify a project suitable for the International Technology Partnership Program.
- Find a suitable International Technology Partner for collaboration.
Step 2: Connect with a Technology Development Advisor
- Contact a Technology Development Advisor (TDA) at Alberta Innovates.
- Have your project scope assessed to ensure it meets the program requirements.
Step 3: Registration
- Register on the Alberta Innovates Application Portal.
Step 4: Application Submission
- Complete the online application form on the Portal.
- Include the filled and signed Alberta Innovates Letter of Interest from the International Project Partner.
- Submit your application through the Portal.
Step 5: Execute Agreement
- If successful, execute an agreement with Alberta Innovates.
- Detail milestone progress and budget reporting in the agreement.
- Agree on a timeline for outcome reports during and post-project.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:

The program uses a matching fund model whereby the contributions by Alberta Innovates, the applicant, and the international partner together can reach a combined potential funding of $750,000.
The program is designed to de-risk the commercialization process by providing funds and coaching.
Successful applicants are tracked for up to five years post-project to evaluate the benefit to Alberta.
Applicants are required to work in conjunction with a Technology Development Advisor who provides guidance and coaching.
Alberta Innovates operates a milestone-based payment model where progress reports are required for subsequent funding disbursements.
The contribution from the International Project Partner can be a combination of cash and in-kind contributions, with in-kind allowed up to 100%.
Funding decisions are solely at Alberta Innovates' discretion, and meeting eligibility does not guarantee funding.
The program aims to create long-term business partnerships that expand market access and increase global competitiveness.
Only costs incurred after the Investment Agreement signing are eligible for funding.